TriHealth buys area's last doctor-owned hospital

5:19 AM,
Jan. 8, 2013

TriHealth COO Jerry Oliphant

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The doctors who owned the Evendale Medical Center hoped it would stay independent forever.

Difficulty negotiating favorable insurance contracts or paying to digitize medical records made that difficult, though, so the group has sold its entire operation to TriHealth, one of the region's big health systems.

It was the largest doctor-owned hospital locally. The site also was one of fewer than 20 doctor-owned hospitals left in Ohio, the Ohio Hospital Association said, with nearly all of the others bowing to the financial reality of joining a big health system. ...